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How is Sears Holding Corp. (NASDAQ:SHLD) faring in the toughest retail market in a long, long time, where jobless claims are unexpectedly rising and retail sales are falling?You might expect the news to be dramatic, given the attention devoted here and elsewhere to the company's travails under hedge funder...
Posted on August 12, 2009 4:51 PM
As retailers gear up for what they hope is a busy holiday weekend, the market is celebrating the gains achieved by some leading companies. In the first quarter, Sears Holding Co. (NASDAQ:SHLD) earned $26 million, compared to a $56 million loss in the same period in 2007; Aeropostale Inc. posted...
Posted on May 22, 2009 2:28 PM
Sears Holdings Corp. fared even worse than expected for the quarter ended Feb. 2: net income of $426 million compared with a net of $811 million for the quarter ended Feb. 3, 2007. In a letter to shareholders, chairman Eddie Lampert compared the...
Posted on February 28, 2008 4:27 PM
We last wrote about the struggles of Sears Holdings Corp. in late January, when chairman Eddie Lampert announced a major reorg of the company into five business units, plus the departure of one CEO and a search for a new one. Amid speculation about possible asset sales, we zeroed in...
Posted on February 22, 2008 2:21 PM
Brands will be one of the five units of a new, decentralized Sears, which opens up a couple possibilities.
Posted on January 28, 2008 2:39 PM
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